Singapore joins IEA as association country

Singapore has joined the International Energy Agency (IEA) as an association country.

The announcement was made by Singapore’s Minister for Trade and Industry S Iswaran and IEA’s Executive Director Fatih Birol.

The agency said being an IEA country is important for Singapore given its role as a regional energy hub in the heart of Southeast Asia and a rapidly developing region where energy demand is set to increase 80% by 2040 due to a booming population and robust economic growth.

Singapore will be able to work with other members on issues including energy security, data, statistics and policy analysis.

As part of the IEA, it will also host conferences as well as training programmes to develop industry-specific capabilities in the region.

Mr Birol said: “I am particularly happy to welcome Singapore into the IEA family. It is an important player both regionally and globally and has put in place strong policies to ensure secure, sustainable and competitive energy supply. We look forward to building even stronger ties between the IEA and Singapore, especially because it is in a strategic position to support the energy transition in Southeast Asia.”

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